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Speaker 1: So what's happened is that today Michael Riddell has written

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Speaker 1: a blog. Now, if you know Michael Riddell, he was

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Speaker 1: a former RB and Z staffer. He writes a pretty

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Speaker 1: well read blog called Croak and Cassandra. A lot of

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Speaker 1: people around Wellington and economics read this. He wrote today

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Speaker 1: that he had had somebody who is an arbien Z's,

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Speaker 1: a Reserve Bank staffer, had gone touch anonymously and given

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Speaker 1: him a bunch of information. And what the person had

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Speaker 1: said is that the reason that Adrian Or eventually quit

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Speaker 1: was because he had and there's a a bunch of

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Speaker 1: events happened in the lead up to it. He'd had

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Speaker 1: a meeting with Treasury on the twenty first of February

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Speaker 1: and he'd completely lost his call, behaving in a way

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Speaker 1: that was completely inappropriate and swearing, and that he had

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Speaker 1: then done exactly the same thing, or roughly the same

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Speaker 1: thing in a meeting with the Finance Minister, Nichola Willis

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Speaker 1: on the twenty fourth of February, and then on the

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Speaker 1: twenty seventh of February, three days later, Neil quickly as

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Speaker 1: the board chair, sent an email to Adrian Or which

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Speaker 1: had attached quote statement of concerns outlining quite a specific

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Speaker 1: range of concrete and specific issues with the governor's behavior

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Speaker 1: covering several years, and not about funding. Quickly is reported

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Speaker 1: to have asked Or to respond, this was my correspondence, says,

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Speaker 1: what triggered Or's resignation. Now, the reason, apparently according to this,

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Speaker 1: that Neil Quigley can't answer questions about it is because

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Speaker 1: there was an exit agreement which included gag provisions of

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Speaker 1: some sort. Now, please do not get the impression that

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Speaker 1: Neil Quigley is the bad guy in this situation. Very

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Speaker 1: much Adrian Or is the bad guy in this situation. However,

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Speaker 1: Neil Quickly's handling of it has definitely left a lot

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Speaker 1: to be desired. Because it is one thing to go

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Speaker 1: out there and say, look, I can't talk about it,

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Speaker 1: I cannot talk about it, I cannot talk about it.

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Speaker 1: It is quite another thing to misrepresent the situation by

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Speaker 1: then going it was a personal decision in the way

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Speaker 1: that every decision that you make to resign is a

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Speaker 1: personal decision, and we all know it's not actually a

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Speaker 1: personal decision. If it is, as this correspondent says about

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Speaker 1: his behavior, it's actually a behavioral decision. Six one Now

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Speaker 1: Jamie McKay, Host of the Countries with me, Jamie, Hello.

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Speaker 2: Good, I Heather cousin, Heather Good to have you back, Hey.

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Speaker 2: That Michael Radal, by the way, has written, I would say,

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Speaker 2: a wickedly one sided piece in the Listener on our

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Speaker 2: best and worst finance ministers since the Second World War.

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Speaker 2: And I think he's been very tough on Bill English,

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Speaker 2: who's lumbered down the bottom with Grant Robertson and Robert Muldoon.

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Speaker 2: And I don't know what his political leanings are, but

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Speaker 2: all the best finance ministers, according to him, come from

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Speaker 2: the Labour Party.

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Speaker 1: Oh who was the best? Did he say?

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Speaker 2: Roger Douglas?

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Speaker 1: Well can you can you actually argue against that?

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Speaker 2: Jamie? Well, he was. He was a change agent. I'll

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Speaker 2: give him that. And farmers have a lot to thank

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Speaker 2: Roger Douglas for, believe it or not. But unfortunately they

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Speaker 2: stopped for a cup of tea and Roger.

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Speaker 1: Not his fault. That was David's fault, because David Good,

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Speaker 1: David got Frightener was the second best finance minister. Michael Cullen, No.

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Speaker 2: He was third best. Walter Nash. Walter Nash, of course

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Speaker 2: great grandfather of future New Zealand first candidate Stuart Nash.

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Speaker 1: Now, well there you go. Okay, listen, talk to me

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Speaker 1: about the red meat experts. What's going on here? Is

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Speaker 1: it the US still loving our burgers?

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Speaker 2: Yeah? Hey, can I just get a shameless plug? And

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Speaker 2: I know you're going to cut me off, But Nikola

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Speaker 2: Willis is currently meeting with Miles Hurrell and I've just

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Speaker 2: watched the six pm news she got or not she

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Speaker 2: Miles Hurrell got breathlessly doorstopped by Mikey Sherman from One

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Speaker 2: News accusing him of or Fonterra, of hiking up the

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Speaker 2: price of butter, etc. Just want to add some balance

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Speaker 2: to this story. Open Country Dairy, our second biggest dairy company.

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Speaker 2: The chief executive, Mark Delatour, was on my show last week.

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Speaker 2: Here they're building a new butter factory. It's about to

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Speaker 2: open an August. And the Wyecatto guess what they're doing

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Speaker 2: with one hundred percent of their butter? What exporting it?

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Speaker 2: Because they can make more money overseas than they can

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Speaker 2: here domestically. So we've got to stop barking at cars

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Speaker 2: on this one and just realize that the high butter

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Speaker 2: prices as due to international commodity prices, not Fonterra ripping

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Speaker 2: anybody off. It's not Fonterra's job to subsidize the market.

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Speaker 1: Good stuff, Hey Jamie, thanks very much, Jammy Mchaie hosts

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Speaker 1: The Country by the Way one News. Not only did

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Speaker 1: they door stop Myles Hurrell as he was walking into

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Speaker 1: the meeting for the you know, walking to the be

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Speaker 1: High for the meeting with Nikola Willis, but they also

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Speaker 1: then went live to Mikey Sherman with one of those

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Speaker 1: banners underneath her and it said Fonterra meeting underway. Now, Now,

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Speaker 1: I don't I feel like the Finance Minister will be

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Speaker 1: wildly regretting having ever told us that she's calling them

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Speaker 1: in for a Please explain on the price of butter,

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Speaker 1: because we this thing is being hyped beyond what it

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Speaker 1: possibly can ever result in. And I'll tell you what

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Speaker 1: press gallery tomorrow are going to be standing there going

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Speaker 1: and what are you doing about the price butter? What's changing?

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Speaker 1: What's changing? What's changing? They're hyping everyone up and you

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Speaker 1: and I know ain't nothing going to change because the

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Speaker 1: only way to change it is basically for us to

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Speaker 1: have the expert price for do we want that?

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Speaker 2: No. For more from Heather Duplessy Allen Drive, Listen live

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Speaker 2: to news Talks it'd be from four pm weekdays, or

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Speaker 2: follow the podcast on iHeartRadio